The packaging industry relies heavily on single-use plastics, which cause massive environmental pollution and waste. Recycling rates are low, and regulations are forcing a shift to biodegradable and compostable materials.

Hemp fibers and hurds can be molded into biocomposites, biodegradable plastics, and paper-based packaging. They serve as sustainable alternatives to PET, PE, and cardboard, and are compostable at end of life.

Hemp-based packaging is offered to FMCG, e-commerce, food & beverage, and cosmetics companies. Products range from bioplastic containers and films to hemp paper boxes and bags.

Top adopters include food & beverage, e-commerce, personal care, pharmaceuticals, and logistics. These industries face regulatory pressure to reduce plastic use and adopt sustainable packaging.

Target groups include eco-conscious consumers, food delivery platforms, sustainable brands, and global retailers who want to reduce their environmental footprint.

Growth is driven by bans on single-use plastics, consumer demand for green products, corporate ESG goals, and advances in hemp biocomposites.

The sustainable packaging market is projected to exceed $600B by 2030, with hemp-based materials positioned as a leading alternative to plastics and paper. Hemp packaging could capture a significant share of bioplastics CAGR >20%.